SIC 4213 Trucking (No Local)

J.B. Hunt Transport Services Inc. vs Knight-Swift Transportation Holdings Inc.

Measured twinJBHT / KNXPrices through Nov 10, 2026

Why these are rivals: #2 and #3 by market value ($21B vs $10B) with SEC SIC 4213 (Trucking (No Local)).

The price gap between these two has a measured habit of closing. A 2 standard deviation gap becomes a paired paper idea.

  • no divergence: z = -0.73 (needs |z| >= 2.0)
Business leadership

JBHT is the larger business

Annual revenue reported to the SEC. Scale, not market share.

YearJBHTKNXLarger
2025$12.0B$7.5BJBHT
2024$12.1B$7.4BJBHT
2023$12.8B$7.1BJBHT
2022$14.8B$7.4BJBHT
2021$12.2B$6.0BJBHT
2020$9.6B$4.7BJBHT

JBHT led in every year with figures for both. Market value: JBHT $20.9B, KNX $10.2B.

Stock leadership

KNX is ahead now

Measured against the pair's own last 252 trading days.

KNX leads JBHT by 0.73 standard deviations: +2.3% over its usual price ratio. 1 lead switch in the last year.

Price change3 mo6 mo12 mo
JBHT-18.0%-4.4%+32.4%
KNX-12.9%+3.7%+34.1%
Relationship

The gap has closed before

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2534 (needs >= 254)
Pass
Co-movement: daily return correlation, 252 sessions: 0.80 (needs >= 0.60)
Pass
Mean reversion: ADF t-statistic of the spread: -3.71 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 6.18 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

JBHT J.B. Hunt Transport Services Inc. KNX Knight-Swift Transportation Holdings Inc.Price index, 100 = 2024-11-06. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
100150Nov 2024Nov 2025Nov 2026JBHT 117KNX 107
Spread z-score: JBHT relative to KNX, against the 252 sessions before each day. Above 0: JBHT ahead; below 0: KNX ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopNov 2024Nov 2025Nov 2026
Data table (504 sessions)
DateJBHT indexKNX indexzAhead
2026-11-10117.35107.46-0.73KNX ahead
2026-11-09116.34106.31-0.67KNX ahead
2026-11-06112.83101.06-0.03near the usual relationship
2026-11-05113.57102.89-0.40near the usual relationship
2026-11-04117.76107.89-0.76KNX ahead
2026-11-03116.50108.67-1.34KNX ahead
2026-11-02116.07106.68-0.88KNX ahead
2026-10-30114.66105.14-0.81KNX ahead
2026-10-29115.16105.80-0.88KNX ahead
2026-10-28115.79105.29-0.55KNX ahead
2026-10-27120.29109.03-0.45near the usual relationship
2026-10-26116.42104.55-0.16near the usual relationship
2026-10-23117.22105.90-0.34near the usual relationship
2026-10-22119.59108.17-0.37near the usual relationship
2026-10-21118.55109.34-0.98KNX ahead
2026-10-20117.42109.43-1.29KNX ahead
2026-10-19115.78109.36-1.72KNX ahead
2026-10-16118.65112.13-1.64KNX ahead
2026-10-15122.04112.94-0.96KNX ahead
2026-10-14120.40109.36-0.40near the usual relationship
2026-10-13118.78109.01-0.65KNX ahead
2026-10-12118.41111.63-1.33KNX ahead
2026-10-09118.90111.54-1.15KNX ahead
2026-10-08118.46112.54-1.44KNX ahead
2026-10-07115.47110.07-1.50KNX ahead
2026-10-06117.17111.82-1.51KNX ahead
2026-10-05119.15112.87-1.31KNX ahead
2026-10-02121.46115.50-1.39KNX ahead
2026-10-01117.83113.17-1.62KNX ahead
2026-09-30116.20110.02-1.27KNX ahead
2026-09-29118.91111.06-0.93KNX ahead
2026-09-28117.24109.95-1.01KNX ahead
2026-09-25116.93110.16-1.11KNX ahead
2026-09-24118.84113.32-1.38KNX ahead
2026-09-23121.68116.21-1.39KNX ahead
2026-09-22123.13116.07-1.08KNX ahead
2026-09-21122.48115.26-1.02KNX ahead
2026-09-18121.49115.36-1.19KNX ahead
2026-09-17122.81115.35-0.93KNX ahead
2026-09-16122.77113.81-0.63KNX ahead
2026-09-15141.61118.49+1.56JBHT ahead
2026-09-14142.61118.39+1.73JBHT ahead
2026-09-11140.26117.60+1.53JBHT ahead
2026-09-10138.90119.43+1.01JBHT ahead
2026-09-09138.89119.01+1.08JBHT ahead
2026-09-08142.51122.47+1.03JBHT ahead
2026-09-04141.98124.55+0.62JBHT ahead
2026-09-03138.10120.36+0.75JBHT ahead
2026-09-02134.95116.64+0.92JBHT ahead
2026-09-01133.02115.45+0.85JBHT ahead
2026-08-31137.68118.53+1.01JBHT ahead
2026-08-28135.37116.33+1.05JBHT ahead
2026-08-27136.60119.20+0.76JBHT ahead
2026-08-26136.73120.33+0.60JBHT ahead
2026-08-25135.97118.51+0.79JBHT ahead
2026-08-24134.78119.58+0.46near the usual relationship
2026-08-21142.85123.88+0.90JBHT ahead
2026-08-20142.35120.09+1.43JBHT ahead
2026-08-19141.28120.66+1.21JBHT ahead
2026-08-18142.20122.35+1.07JBHT ahead
2026-08-17146.96125.95+1.16JBHT ahead
2026-08-14145.06125.29+1.02JBHT ahead
2026-08-13146.42126.82+0.97JBHT ahead
2026-08-12143.12123.37+1.07JBHT ahead
2026-08-11137.63118.56+1.09JBHT ahead
2026-08-10138.03118.81+1.11JBHT ahead
2026-08-07139.26121.14+0.92JBHT ahead
2026-08-06138.60119.86+1.04JBHT ahead
2026-08-05141.41122.51+1.02JBHT ahead
2026-08-04142.35123.91+0.94JBHT ahead
2026-08-03138.42118.37+1.27JBHT ahead
2026-07-31140.93120.29+1.32JBHT ahead
2026-07-30139.62120.76+1.08JBHT ahead
2026-07-29143.21122.91+1.23JBHT ahead
2026-07-28143.98121.38+1.57JBHT ahead
2026-07-27145.71122.37+1.65JBHT ahead
2026-07-24149.52125.43+1.68JBHT ahead
2026-07-23150.07125.14+1.81JBHT ahead
2026-07-22151.56131.56+1.09JBHT ahead
2026-07-21152.09132.72+1.00JBHT ahead
2026-07-20150.72130.88+1.09JBHT ahead
2026-07-17151.13132.66+0.91JBHT ahead
2026-07-16154.76133.77+1.19JBHT ahead
2026-07-15143.28127.28+0.71JBHT ahead
2026-07-14145.66130.14+0.61JBHT ahead
2026-07-13146.77128.60+0.96JBHT ahead
2026-07-10145.19130.09+0.57JBHT ahead
2026-07-09146.57133.51+0.29near the usual relationship
2026-07-08143.37129.72+0.41near the usual relationship
2026-07-07142.62128.62+0.48near the usual relationship
2026-07-06144.04129.43+0.54JBHT ahead
2026-07-02148.24132.09+0.69JBHT ahead
2026-07-01150.44133.86+0.72JBHT ahead
2026-06-30150.10134.72+0.58JBHT ahead
2026-06-29149.31135.26+0.43near the usual relationship
2026-06-26145.37132.54+0.33near the usual relationship
2026-06-25142.45133.34-0.10near the usual relationship
2026-06-24139.54128.93+0.12near the usual relationship
2026-06-23139.63128.03+0.25near the usual relationship
2026-06-22141.83130.45+0.21near the usual relationship
2026-06-18140.66128.29+0.35near the usual relationship
2026-06-17138.60126.31+0.37near the usual relationship
2026-06-16145.12133.81+0.19near the usual relationship
2026-06-15146.85137.11-0.01near the usual relationship
2026-06-12150.07141.07-0.11near the usual relationship
2026-06-11149.95142.65-0.29near the usual relationship
2026-06-10145.60137.11-0.13near the usual relationship
2026-06-09148.94139.01+0.02near the usual relationship
2026-06-08149.45139.64+0.01near the usual relationship
2026-06-05147.78135.93+0.26near the usual relationship
2026-06-04146.93135.93+0.18near the usual relationship
2026-06-03145.24135.42+0.07near the usual relationship
2026-06-02142.93134.29-0.04near the usual relationship
2026-06-01144.93134.81+0.12near the usual relationship
2026-05-29143.36130.85+0.41near the usual relationship
2026-05-28141.33129.79+0.32near the usual relationship
2026-05-27140.48128.34+0.41near the usual relationship
2026-05-26138.80126.18+0.49near the usual relationship
2026-05-22134.20121.31+0.58JBHT ahead
2026-05-21134.44121.54+0.58JBHT ahead
2026-05-20136.33122.84+0.64JBHT ahead
2026-05-19133.04118.29+0.83JBHT ahead
2026-05-18135.60119.84+0.93JBHT ahead
2026-05-15135.99119.48+1.02JBHT ahead
2026-05-14132.07117.70+0.82JBHT ahead
2026-05-13123.33103.41+1.72JBHT ahead
2026-05-12122.80103.63+1.64JBHT ahead
2026-05-11124.86107.13+1.41JBHT ahead
2026-05-08127.27110.81+1.21JBHT ahead
2026-05-07125.60109.76+1.16JBHT ahead
2026-05-06127.61111.19+1.21JBHT ahead
2026-05-05126.05106.61+1.66JBHT ahead
2026-05-04123.61107.51+1.27JBHT ahead
2026-05-01129.00110.73+1.47JBHT ahead
2026-04-30130.45112.28+1.44JBHT ahead
2026-04-29127.74109.62+1.50JBHT ahead
2026-04-28130.32113.37+1.31JBHT ahead
2026-04-27129.74111.92+1.45JBHT ahead
2026-04-24128.92112.80+1.25JBHT ahead
2026-04-23131.58113.79+1.43JBHT ahead
2026-04-22128.11110.69+1.46JBHT ahead
2026-04-21130.22112.21+1.51JBHT ahead
2026-04-20130.48113.41+1.40JBHT ahead
2026-04-17127.10111.45+1.28JBHT ahead
2026-04-16123.60111.30+0.89JBHT ahead
2026-04-15116.26106.51+0.64JBHT ahead
2026-04-14119.08107.25+0.90JBHT ahead
2026-04-13118.04106.99+0.81JBHT ahead
2026-04-10117.75106.92+0.79JBHT ahead
2026-04-09116.80106.09+0.79JBHT ahead
2026-04-08116.50108.08+0.48near the usual relationship
2026-04-07112.91102.98+0.74JBHT ahead
2026-04-06112.73103.37+0.66JBHT ahead
2026-04-02111.46101.38+0.78JBHT ahead
2026-04-01110.6999.62+0.95JBHT ahead
2026-03-31109.9099.62+0.85JBHT ahead
2026-03-30106.2095.95+0.90JBHT ahead
2026-03-27106.6296.11+0.95JBHT ahead
2026-03-26106.9396.04+1.01JBHT ahead
2026-03-25108.4497.47+1.00JBHT ahead
2026-03-24106.3995.17+1.08JBHT ahead
2026-03-23105.1793.72+1.15JBHT ahead
2026-03-20103.6992.18+1.20JBHT ahead
2026-03-19103.8392.34+1.20JBHT ahead
2026-03-18102.5091.52+1.15JBHT ahead
2026-03-17103.7990.62+1.50JBHT ahead
2026-03-16105.1491.96+1.49JBHT ahead
2026-03-13103.8589.84+1.67JBHT ahead
2026-03-12104.3189.98+1.73JBHT ahead
2026-03-11109.1096.42+1.37JBHT ahead
2026-03-10111.9499.17+1.35JBHT ahead
2026-03-09112.7899.91+1.36JBHT ahead
2026-03-06110.6798.39+1.31JBHT ahead
2026-03-05117.39105.55+1.15JBHT ahead
2026-03-04121.83109.86+1.11JBHT ahead
2026-03-03119.73106.59+1.32JBHT ahead
2026-03-02120.36107.70+1.25JBHT ahead
2026-02-27121.05108.86+1.19JBHT ahead
2026-02-26118.36106.75+1.15JBHT ahead
2026-02-25113.71101.59+1.31JBHT ahead
2026-02-24115.60104.20+1.18JBHT ahead
2026-02-23115.17102.42+1.40JBHT ahead
2026-02-20119.37106.75+1.32JBHT ahead
2026-02-19117.06102.42+1.68JBHT ahead
2026-02-18115.89102.68+1.50JBHT ahead
2026-02-17115.92103.60+1.37JBHT ahead
2026-02-13115.01103.03+1.34JBHT ahead
2026-02-12113.43103.63+1.04JBHT ahead
2026-02-11119.48104.26+1.77JBHT ahead
2026-02-10118.79103.89+1.75JBHT ahead
2026-02-09117.35102.46+1.79JBHT ahead
2026-02-06118.20104.10+1.67JBHT ahead
2026-02-05116.82102.35+1.76JBHT ahead
2026-02-04118.36104.08+1.72JBHT ahead
2026-02-03114.41103.37+1.30JBHT ahead
2026-02-02109.80102.35+0.82JBHT ahead
2026-01-30105.1395.33+1.26JBHT ahead
2026-01-29106.4396.57+1.25JBHT ahead
2026-01-28106.3596.14+1.31JBHT ahead
2026-01-27105.2294.98+1.34JBHT ahead
2026-01-26106.3797.35+1.14JBHT ahead
2026-01-23107.2298.53+1.09JBHT ahead
2026-01-22109.29102.84+0.74JBHT ahead
2026-01-21108.75100.22+1.06JBHT ahead
2026-01-20105.5495.28+1.38JBHT ahead
2026-01-16106.0098.01+1.03JBHT ahead
2026-01-15107.1199.50+0.97JBHT ahead
2026-01-14106.7498.91+1.01JBHT ahead
2026-01-13106.4098.77+0.99JBHT ahead
2026-01-12107.0198.18+1.18JBHT ahead
2026-01-09107.2898.93+1.11JBHT ahead
2026-01-08106.5398.37+1.10JBHT ahead
2026-01-07105.7095.40+1.46JBHT ahead
2026-01-06106.6095.22+1.63JBHT ahead
2026-01-05104.7793.51+1.66JBHT ahead
2026-01-02102.0590.36+1.80JBHT ahead
2025-12-31100.7990.45+1.61JBHT ahead
2025-12-30101.7691.00+1.68JBHT ahead
2025-12-29102.4592.15+1.61JBHT ahead
2025-12-26102.8392.20+1.67JBHT ahead
2025-12-24102.8492.68+1.61JBHT ahead
2025-12-23102.1892.75+1.51JBHT ahead
2025-12-22103.5192.47+1.78JBHT ahead
2025-12-19102.5290.59+1.98JBHT ahead
2025-12-18101.8791.00+1.82JBHT ahead
2025-12-17100.6691.11+1.63JBHT ahead
2025-12-16102.0492.47+1.62JBHT ahead
2025-12-15102.4892.04+1.79JBHT ahead
2025-12-12103.0492.08+1.90JBHT ahead
2025-12-11103.4990.81+2.23JBHT ahead
2025-12-10102.7589.12+2.47JBHT ahead
2025-12-0998.4286.12+2.35JBHT ahead
2025-12-0898.4888.25+1.96JBHT ahead
2025-12-0597.7188.75+1.75JBHT ahead
2025-12-0497.2688.11+1.81JBHT ahead
2025-12-0397.4687.75+1.95JBHT ahead
2025-12-0296.3284.50+2.44JBHT ahead
2025-12-0193.2181.90+2.45JBHT ahead
2025-11-2890.2279.24+2.50JBHT ahead
2025-11-2689.9379.24+2.48JBHT ahead
2025-11-2589.2278.62+2.52JBHT ahead
2025-11-2486.4376.83+2.40JBHT ahead
2025-11-2186.3176.42+2.51JBHT ahead
2025-11-2082.4272.11+2.79JBHT ahead
2025-11-1982.9472.20+2.95JBHT ahead
2025-11-1884.0372.54+3.19JBHT ahead
2025-11-1783.1372.40+3.08JBHT ahead
2025-11-1484.4474.34+2.91JBHT ahead
2025-11-1386.2575.99+2.96JBHT ahead
2025-11-1287.7877.53+2.97JBHT ahead
2025-11-1187.1476.71+3.11JBHT ahead
2025-11-1087.3879.26+2.50JBHT ahead
2025-11-0788.6680.14+2.61JBHT ahead
2025-11-0687.6676.71+3.41JBHT ahead
2025-11-0588.2977.13+3.54JBHT ahead
2025-11-0489.5377.49+3.87JBHT ahead
2025-11-0388.0475.92+4.09JBHT ahead
2025-10-3187.5778.06+3.35JBHT ahead
2025-10-3086.4275.31+4.06JBHT ahead
2025-10-2987.5876.97+3.97JBHT ahead
2025-10-2886.3875.71+4.19JBHT ahead
2025-10-2787.0178.03+3.66JBHT ahead
2025-10-2485.6378.43+3.12JBHT ahead
2025-10-2386.4776.14+4.43JBHT ahead
2025-10-2287.4081.99+2.56JBHT ahead
2025-10-2187.6482.11+2.64JBHT ahead
2025-10-2085.8382.30+1.94JBHT ahead
2025-10-1785.4981.38+2.19JBHT ahead
2025-10-1687.9481.38+3.11JBHT ahead
2025-10-1572.0076.47-1.24KNX ahead
2025-10-1472.2875.54-0.73KNX ahead
2025-10-1371.6373.93-0.34near the usual relationship
2025-10-1071.1073.30-0.30near the usual relationship
2025-10-0973.9777.44-0.79KNX ahead
2025-10-0876.0079.36-0.71KNX ahead
2025-10-0772.6174.03+0.04near the usual relationship
2025-10-0673.4774.84+0.07near the usual relationship
2025-10-0371.5471.64+0.62JBHT ahead
2025-10-0269.6069.03+0.93JBHT ahead
2025-10-0168.8167.37+1.35JBHT ahead
2025-09-3069.5868.36+1.25JBHT ahead
2025-09-2969.9169.46+0.90JBHT ahead
2025-09-2669.7368.60+1.22JBHT ahead
2025-09-2568.6767.70+1.16JBHT ahead
2025-09-2468.9167.77+1.25JBHT ahead
2025-09-2368.4568.25+0.81JBHT ahead
2025-09-2267.7668.30+0.46near the usual relationship
2025-09-1968.7369.27+0.47near the usual relationship
2025-09-1870.0471.49+0.07near the usual relationship
2025-09-1769.7672.18-0.36near the usual relationship
2025-09-1671.4773.63-0.23near the usual relationship
2025-09-1570.7171.97+0.16near the usual relationship
2025-09-1271.5372.13+0.46near the usual relationship
2025-09-1173.3674.31+0.31near the usual relationship
2025-09-1071.0272.06+0.25near the usual relationship
2025-09-0973.1374.22+0.24near the usual relationship
2025-09-0874.1673.98+0.79JBHT ahead
2025-09-0574.5474.58+0.70JBHT ahead
2025-09-0475.3476.31+0.31near the usual relationship
2025-09-0375.4075.42+0.71JBHT ahead
2025-09-0274.8175.07+0.60JBHT ahead
2025-08-2975.1975.95+0.39near the usual relationship
2025-08-2874.6776.00+0.15near the usual relationship
2025-08-2775.6176.52+0.33near the usual relationship
2025-08-2674.8576.92-0.16near the usual relationship
2025-08-2574.0375.33+0.16near the usual relationship
2025-08-2277.8777.80+0.74JBHT ahead
2025-08-2174.3773.91+0.92JBHT ahead
2025-08-2073.9272.82+1.21JBHT ahead
2025-08-1976.3675.16+1.25JBHT ahead
2025-08-1873.9173.13+1.09JBHT ahead
2025-08-1574.4073.53+1.14JBHT ahead
2025-08-1474.9174.50+0.95JBHT ahead
2025-08-1375.6476.28+0.50JBHT ahead
2025-08-1274.0774.01+0.80JBHT ahead
2025-08-1171.4670.90+1.04JBHT ahead
2025-08-0872.3271.12+1.33JBHT ahead
2025-08-0772.7871.71+1.28JBHT ahead
2025-08-0674.4373.56+1.19JBHT ahead
2025-08-0574.2973.32+1.24JBHT ahead
2025-08-0473.6772.75+1.24JBHT ahead
2025-08-0172.3871.44+1.26JBHT ahead
2025-07-3174.7173.53+1.36JBHT ahead
2025-07-3074.6173.29+1.43JBHT ahead
2025-07-2976.1275.02+1.34JBHT ahead
2025-07-2876.9676.87+0.90JBHT ahead
2025-07-2577.4377.58+0.80JBHT ahead
2025-07-2477.6578.81+0.38near the usual relationship
2025-07-2377.7179.00+0.33near the usual relationship
2025-07-2278.7978.17+1.13JBHT ahead
2025-07-2176.5576.87+0.74JBHT ahead
2025-07-1877.2277.27+0.85JBHT ahead
2025-07-1779.1978.89+0.99JBHT ahead
2025-07-1678.5477.98+1.10JBHT ahead
2025-07-1577.2078.58+0.29near the usual relationship
2025-07-1478.9380.93+0.06near the usual relationship
2025-07-1179.6481.82-0.01near the usual relationship
2025-07-1080.2183.43-0.41near the usual relationship
2025-07-0979.1882.39-0.42near the usual relationship
2025-07-0879.3781.37+0.07near the usual relationship
2025-07-0777.5679.90-0.09near the usual relationship
2025-07-0379.2981.99-0.21near the usual relationship
2025-07-0279.3681.59-0.02near the usual relationship
2025-07-0178.3579.74+0.31near the usual relationship
2025-06-3074.4776.52+0.00near the usual relationship
2025-06-2775.3877.89-0.18near the usual relationship
2025-06-2674.3176.51-0.07near the usual relationship
2025-06-2574.0376.16-0.04near the usual relationship
2025-06-2474.3976.64-0.09near the usual relationship
2025-06-2374.0076.18-0.06near the usual relationship
2025-06-2072.4173.69+0.31near the usual relationship
2025-06-1872.0974.10-0.02near the usual relationship
2025-06-1772.1373.94+0.06near the usual relationship
2025-06-1673.9075.02+0.37near the usual relationship
2025-06-1372.5373.93+0.24near the usual relationship
2025-06-1273.0876.18-0.48near the usual relationship
2025-06-1173.0775.57-0.23near the usual relationship
2025-06-1075.2978.34-0.43near the usual relationship
2025-06-0973.4676.75-0.57KNX ahead
2025-06-0672.7277.18-1.08KNX ahead
2025-06-0572.1576.37-1.00KNX ahead
2025-06-0472.6677.30-1.17KNX ahead
2025-06-0372.9377.47-1.13KNX ahead
2025-06-0270.8776.19-1.54KNX ahead
2025-05-3072.0176.68-1.23KNX ahead
2025-05-2972.6176.49-0.89KNX ahead
2025-05-2871.9075.74-0.90KNX ahead
2025-05-2772.6175.85-0.63KNX ahead
2025-05-2371.2774.08-0.48near the usual relationship
2025-05-2272.1075.24-0.61KNX ahead
2025-05-2172.2875.47-0.63KNX ahead
2025-05-2075.2178.30-0.55KNX ahead
2025-05-1975.8478.56-0.39near the usual relationship
2025-05-1676.7878.98-0.17near the usual relationship
2025-05-1576.6878.82-0.15near the usual relationship
2025-05-1476.7079.84-0.56KNX ahead
2025-05-1376.4079.67-0.62KNX ahead
2025-05-1277.1380.83-0.78KNX ahead
2025-05-0970.2973.44-0.70KNX ahead
2025-05-0871.3074.69-0.78KNX ahead
2025-05-0768.9571.90-0.65KNX ahead
2025-05-0667.8769.83-0.24near the usual relationship
2025-05-0569.2971.38-0.29near the usual relationship
2025-05-0269.2771.71-0.44near the usual relationship
2025-05-0167.3267.44+0.52JBHT ahead
2025-04-3067.7267.77+0.55JBHT ahead
2025-04-2967.6367.84+0.47near the usual relationship
2025-04-2867.9167.09+0.92JBHT ahead
2025-04-2567.2867.34+0.54JBHT ahead
2025-04-2468.9769.83+0.19near the usual relationship
2025-04-2367.6168.49+0.16near the usual relationship
2025-04-2266.6567.53+0.16near the usual relationship
2025-04-2165.9366.82+0.14near the usual relationship
2025-04-1767.0268.15+0.04near the usual relationship
2025-04-1664.6966.02-0.08near the usual relationship
2025-04-1570.0768.39+1.14JBHT ahead
2025-04-1471.4870.14+0.97JBHT ahead
2025-04-1168.9169.00+0.41near the usual relationship
2025-04-1069.6770.22+0.22near the usual relationship
2025-04-0973.4674.38+0.09near the usual relationship
2025-04-0867.1467.87+0.12near the usual relationship
2025-04-0768.4967.99+0.56JBHT ahead
2025-04-0469.8467.44+1.24JBHT ahead
2025-04-0370.6568.46+1.13JBHT ahead
2025-04-0279.2377.87+0.77JBHT ahead
2025-04-0177.6575.71+0.95JBHT ahead
2025-03-3176.7375.24+0.80JBHT ahead
2025-03-2875.7875.35+0.46near the usual relationship
2025-03-2778.2177.11+0.64JBHT ahead
2025-03-2678.5177.11+0.71JBHT ahead
2025-03-2577.7776.64+0.61JBHT ahead
2025-03-2478.8477.82+0.57JBHT ahead
2025-03-2177.0476.85+0.32near the usual relationship
2025-03-2076.4977.04+0.10near the usual relationship
2025-03-1976.2678.34-0.34near the usual relationship
2025-03-1876.3080.24-0.86KNX ahead
2025-03-1777.5181.33-0.82KNX ahead
2025-03-1477.2780.48-0.66KNX ahead
2025-03-1377.5078.89-0.18near the usual relationship
2025-03-1280.1080.81+0.01near the usual relationship
2025-03-1179.9680.21+0.12near the usual relationship
2025-03-1083.0981.09+0.69JBHT ahead
2025-03-0784.7781.51+1.00JBHT ahead
2025-03-0684.1584.67+0.04near the usual relationship
2025-03-0583.0084.22-0.14near the usual relationship
2025-03-0481.7482.84-0.12near the usual relationship
2025-03-0381.8585.00-0.63KNX ahead
2025-02-2883.6087.27-0.74KNX ahead
2025-02-2782.4184.74-0.44near the usual relationship
2025-02-2683.1486.23-0.62KNX ahead
2025-02-2583.3486.85-0.72KNX ahead
2025-02-2484.3787.72-0.68KNX ahead
2025-02-2186.9890.19-0.63KNX ahead
2025-02-2087.4192.42-1.02KNX ahead
2025-02-1987.7891.47-0.74KNX ahead
2025-02-1890.3793.63-0.64KNX ahead
2025-02-1488.1593.72-1.14KNX ahead
2025-02-1385.8194.22-1.77KNX ahead
2025-02-1285.3893.20-1.68KNX ahead
2025-02-1186.8794.27-1.58KNX ahead
2025-02-1086.6694.57-1.70KNX ahead
2025-02-0786.1793.75-1.66KNX ahead
2025-02-0687.6695.67-1.74KNX ahead
2025-02-0588.4197.02-1.86KNX ahead
2025-02-0487.6397.65-2.19KNX ahead
2025-02-0386.7696.42-2.17KNX ahead
2025-01-3188.8098.77-2.22KNX ahead
2025-01-3089.91101.26-2.50KNX ahead
2025-01-2989.17100.93-2.65KNX ahead
2025-01-2889.54101.25-2.67KNX ahead
2025-01-2790.28101.73-2.64KNX ahead
2025-01-2488.1499.03-2.62KNX ahead
2025-01-2388.3199.64-2.75KNX ahead
2025-01-2290.7195.16-1.21KNX ahead
2025-01-2190.4695.66-1.40KNX ahead
2025-01-1789.4494.90-1.48KNX ahead
2025-01-1696.5797.47-0.43near the usual relationship
2025-01-1596.7596.57-0.19near the usual relationship
2025-01-1494.1995.09-0.44near the usual relationship
2025-01-1392.9593.82-0.44near the usual relationship
2025-01-1090.3990.61-0.29near the usual relationship
2025-01-0892.2393.13-0.45near the usual relationship
2025-01-0791.5392.63-0.50KNX ahead
2025-01-0691.4894.10-0.85KNX ahead
2025-01-0391.1894.33-0.97KNX ahead
2025-01-0288.7991.23-0.83KNX ahead
2024-12-3188.5191.76-1.03KNX ahead
2024-12-3088.3490.95-0.89KNX ahead
2024-12-2789.2192.72-1.10KNX ahead
2024-12-2689.2192.99-1.17KNX ahead
2024-12-2488.9892.15-1.04KNX ahead
2024-12-2388.4591.40-1.00KNX ahead
2024-12-2088.2889.88-0.68KNX ahead
2024-12-1987.1890.45-1.10KNX ahead
2024-12-1888.3290.80-0.91KNX ahead
2024-12-1791.9693.32-0.64KNX ahead
2024-12-1692.3695.02-0.94KNX ahead
2024-12-1393.2495.90-0.94KNX ahead
2024-12-1293.9597.56-1.15KNX ahead
2024-12-1194.3998.56-1.28KNX ahead
2024-12-1094.5397.80-1.09KNX ahead
2024-12-0994.5996.87-0.87KNX ahead
2024-12-0693.8696.02-0.85KNX ahead
2024-12-0594.3196.97-0.96KNX ahead
2024-12-0496.0198.03-0.81KNX ahead
2024-12-0395.9598.20-0.87KNX ahead
2024-12-0298.14101.16-1.03KNX ahead
2024-11-2998.08102.70-1.39KNX ahead
2024-11-2798.70102.23-1.16KNX ahead
2024-11-2698.98103.10-1.29KNX ahead
2024-11-2597.68101.64-1.28KNX ahead
2024-11-2294.6099.69-1.58KNX ahead
2024-11-2194.1797.25-1.14KNX ahead
2024-11-2094.1796.90-1.06KNX ahead
2024-11-1993.4497.73-1.44KNX ahead
2024-11-1895.4397.23-0.86KNX ahead
2024-11-1594.5796.25-0.84KNX ahead
2024-11-1495.6996.73-0.69KNX ahead
2024-11-1398.1298.79-0.60KNX ahead
2024-11-1299.8597.66+0.05near the usual relationship
2024-11-11102.27101.87-0.37near the usual relationship
2024-11-0899.64103.11-1.24KNX ahead
2024-11-0797.7699.45-0.86KNX ahead
2024-11-06100.00100.00-0.47near the usual relationship

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Jan 23, 2025 (JBHT -2.6%, KNX +4.7%); Oct 16, 2025 (JBHT +22.1%, KNX +6.4%); Sep 16, 2026 (JBHT -13.3%, KNX -4.0%).

Paired trades

The shared paper book and the replay, kept apart

Forward paper record

No paper position on this pair yet.

Historical simulation (a diagnostic, same rules)

2 simulated trades to Nov 3, 2026: +7.98% per trade on average after costs, 1 won.

LegsEnteredExitedWhyDaysBefore costsCosts + borrowAfter costs
Long KNX · Short JBHTMar 1, 2022Mar 28, 2022divergence stop27-$540.47-$67.36-$607.26 (-6.07%)
Long JBHT · Short KNXApr 18, 2019Oct 12, 2020converged543$2,330.58-$171.12$2,202.53 (+22.02%)

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

JBHT and KNX at a glance

JBHT J.B. Hunt Transport Services Inc.

Listing
Nasdaq · SEC CIK 728535
Industry
Trucking Freight/Courier Services · SIC 4213 Trucking (No Local)
Market value
$20.9B
Price history
2,534 daily closes, Oct 12, 2016 to Nov 10, 2026

KNX Knight-Swift Transportation Holdings Inc.

Listing
NYSE · SEC CIK 1492691
Industry
Trucking Freight/Courier Services · SIC 4213 Trucking (No Local)
Market value
$10.2B
Price history
2,534 daily closes, Oct 12, 2016 to Nov 10, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
ODFL / KNXWatchlistKNX by 1.68 sdSIC 4213 Trucking (No Local)
ODFL / JBHTWatchlistJBHT by 1.39 sdTrucking Freight/Courier Services
UPS / JBHTWatchlistUPS by 0.73 sdTrucking Freight/Courier Services

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Paper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.